NOT LISTED FOR SALE

Estimated Value: $491,000 - $550,000

1 Bed
1.5 Baths
921 Sq Ft
$265/mo HOA Fee

Last Sold August 11, 2023

Last sale price $500,000 $543 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,632/month

8 Days on Market

Highlights

  • No Units Above
  • 3-minute walk to 1St Street Station
  • Neighborhood Views
  • Long Beach Polytechnic High School Rated A
  • 0.34 Acre Lot
  • 5-minute walk to Promenade Square Park

About This Home

As of August 2023

Welcome to Elmwood, where comfort and convenience meet in perfect harmony. This quiet two-story townhouse style condo is a FHA and VA-approved complex with no units above or below! It features a huge bedroom with en-suite bathroom, a large comfortable living area with separate downstairs bathroom, as well as newly upgraded kitchen appliances, vanities, modern lighting fixtures, and luxury vinyl floors throughout. Whether you're seeking a cozy spot to unwind or a restful night's sleep, this home will provide the ideal sanctuary to grant you a serene and peaceful escape from the outside world. This property also provides the security of gated underground parking for two cars, ensuring your vehicles are safely sheltered. This unit used to be a 2 bedroom unit, so you may be able to add a second bedroom back in to increase their value and bedroom count! You may be able to add laundry in unit with HOA approval as well!

Located in the highly desirable Arts District of Long Beach, you'll be just steps away from top restaurants, live theaters, groceries, beach access, and nightlife. Embrace the coastal lifestyle as you take leisurely strolls along the shore and indulge in delectable dining experiences. Now is your chance to secure this charming property. Experience the perfect blend of comfort and convenience at Elmwood.

Last Agent to Sell the Property

Shannon Paul

Zaia Estates License #02039030 Listed on: 07/05/2023

Last Buyer's Agent

Patrick Beltran

Premier Realty Associates License #02104425

Premier Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 1982

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 921 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms

Additional Features

  • Rain Gutters
  • Central Heating

Listing and Financial Details

  • Tax Lot 82
  • Tax Tract Number 36837
  • Assessor Parcel Number 7281016026
  • $469 per year additional tax assessments

Community Details

Overview

  • 20 Units
  • Elmwood Association, Phone Number (562) 432-3322
  • Appleby HOA
  • Downtown Subdivision

Additional Features

  • Laundry Facilities
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,706

Year Built

Built in 1982

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBR4H
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281016026
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 921.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 542.89
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Security
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Elmwood
  • Phone: (562) 432-3322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters
  • Association Management: Appleby

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 14877.00
  • Lot Size Acres: 0.3415

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14877.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5762.00
  • Tax Lot: 82
  • Tax Tract Number: 36837
  • TaxOtherAnnualAssessmentAmount: 469.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Jul 14, 2023
Sold by
Lynch Lisa
Bought by
Bravo Beltran Joshua and Bravo Raquel Velasquez
Seller's Agent
Shannon Paul
Zaia Estates
Buyer's Agent
Patrick Beltran
Premier Realty Associates
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Views
89
Current Estimated Value
$529,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,131
Avg. Annual Appreciation
2.80%
Original Mortgage
$490,943
Outstanding Balance
$480,033
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$48,169

Purchase Details

Closed on
Jun 24, 2021
Sold by
Johnston Jamie and Lynch Lisa
Bought by
Johnston Jamie and Lynch Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Donnelly James Michael
Bought by
Johnston Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
5.62%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bravo Beltran Joshua $500,000 Old Republic Title Company
Johnston Jamie -- American Coast Title
Johnston Jamie $158,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravo Beltran Joshua $490,943
Previous Owner Johnston Jamie $126,200
Previous Owner Johnston Jamie $161,511
Previous Owner Johnston Jamie $186,000
Previous Owner Johnston Jamie $158,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $500,000 +11.1% $543 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $450,000 -10.0% $489 / Sq Ft
07/12/2023 07/12/23 Off Market $500,000 -- --
07/05/2023 07/05/23 For Sale $450,000 -- $489 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,706 $510,000 $307,326 $202,674
2024 $6,706 $500,000 $301,300 $198,700
2023 $3,145 $220,627 $112,750 $107,877
2022 $2,958 $216,302 $110,540 $105,762
2021 $2,846 $212,062 $108,373 $103,689
2020 $2,833 $209,888 $107,262 $102,626
2019 $2,795 $205,773 $105,159 $100,614
2018 $2,720 $201,740 $103,098 $98,642
2016 $2,501 $193,908 $99,096 $94,812
2015 $2,403 $190,996 $97,608 $93,388
2014 $2,386 $187,255 $95,696 $91,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23066249

California Regional Multiple Listing Service (CRMLS)

APN: 7281-016-026